The Grove
Protocol Operations Layer
Design Overview
The Grove is the sub-protocol designed to manage the ecosystem's asset portfolio and execute the predefined operational logic that governs the system. It functions as the operational and coordination layer.
Protocol Responsibilities
Asset Coordination: Custody and programmed administration of assets within the ecosystem. (Participants may interact with these mechanics for their own asset management).
Logic Execution: Operating the Protocol Service Units (PSUs) that facilitate asset exchanges and internal value transfers, such as the Re-pegging Service.
Composable Systems: Facilitating the Signals system and 3NFTs, which enable participants to program the behaviour of their asset interactions within the protocol.
Value Transfer Management: Managing the programmed flow of assets between the issuance layer (The Guild) and the policy layer (The Reserve).
Grove Protocol Service Units (PSUs)
The Holding Contract - A core module for asset custody.
The Compound Engine - A module for deposit pools and automated interaction logic.
Signals - A system for programmable reward flow parameters.
Signal Strategies - A list of implementable logic parameters for the Signals system.
3.NFTs - A mechanism for composing asset positions.
Grove Native Units
3Receipts - Receipt tokens representing a position in deployed protocol pools.
3.NFTs - Non-fungible tokens representing composed asset positions.
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